News & Analysis as of

Contract Terms Receivership

Cadwalader, Wickersham & Taft LLP

Ex Parte Appointment of a Receiver Confirmed

The New York County Supreme Court recently held that in the event of foreclosure, a receiver can be appointed, regardless of necessity, when the parties have contracted for such appointment. 24 West 57 APF LLC (“Defendant”)...more

Goodwin

FAQs About US Bank Failure

Goodwin on

Deposit Insurance - Are the deposits at my bank FDIC-insured? Deposits held at FDIC-insured depository institutions are insured up to $250,000 per depositor for deposits held in the same “right and capacity.”...more

BCLP

Marking your letter “subject to contract”: what does the label mean? Recent English Court of Appeal judgment

BCLP on

It is not uncommon to start a correspondence with a “subject to contract” label. But what does this mean? What is its legal effect?...more

Spilman Thomas & Battle, PLLC

The Use of Receiverships in Pre-Bankruptcy Litigation

As we continue our series on bankruptcy litigation, we want to discuss the use of receiverships as an important aspect of a fully developed creditors' rights practice. Creditors often face recalcitrant corporate debtors who...more

BCLP

Circuit Split – Allowing Receiverships by Contract

BCLP on

“I think now that I’m older, I do think I’m the greatest receiver to ever do it.” -Randy Moss, Receiver, probably not talking about Fed. R. Civ. P. 66....more

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